KGA Files Preliminary Review for SPAC Merger... "Global Competitiveness Up with Secondary Battery Electrode Process Equipment"

KG EA, emerging as a specialized company in core equipment for secondary battery electrode processes, has entered the KOSDAQ listing procedure.

KG EA, a company specializing in secondary battery electrode process equipment, announced on the 30th that it has submitted a preliminary review request for a SPAC merger to the Korea Exchange. The merger target is "Samsung SPAC No. 9," which is listed on KOSDAQ. A SPAC is a nominal company established for the purpose of mergers and acquisitions (M&A). The listing process is expected to be completed in the first quarter of 2025 after a shareholders' meeting and other procedures, with Samsung Securities acting as the lead manager.

Founded in 2017, KG EA is a core equipment company for secondary battery electrode processes. Its main business involves the development and manufacturing of secondary battery electrode process equipment (coaters, presses, slitters). In addition, it is pursuing various new businesses such as duct automation equipment and duct engineering, all-solid-state battery and dry electrode process equipment, lead-acid battery restoration, and battery management system (BMS) solutions, establishing itself as a comprehensive solution provider within the secondary battery industry.

KG EA’s electrode process equipment plays a crucial role in determining battery performance and quality through ▲uniform coating and precise drying control ▲uniform rolling of electrodes ▲accurate size cutting of electrodes. Specifically, the coater applies and dries electrode active materials uniformly, playing an important role in determining battery lifespan and performance. The press optimizes electrode density to improve battery capacity and performance. The slitter precisely adjusts the cell size to ensure high quality. These technical strengths have earned high trust and evaluation from major domestic and international battery manufacturers.

Recently, due to the rapid growth of the global electric vehicle market, the importance of electrode process equipment that guarantees the performance and safety of secondary batteries has been greatly highlighted. Accordingly, KG EA has secured technology verification and mass production application references. It has received high evaluations in terms of mass production responsiveness and quality stability. This has been verified through collaboration with major battery manufacturers. KG EA supports process innovation and quality improvement that meet the increasing global demand.

KG EA maximizes customer process efficiency by providing turnkey solutions. It strengthens competitiveness by developing customized equipment tailored to specific customer requirements and spares no technical support to optimize the entire process. At the same time, it is expanding technology investment in new business areas to lead the future of battery manufacturing processes.

Going forward, KG EA plans to continuously enhance its competitiveness through ▲technology development ▲acquisition of new customers ▲strengthening global partnerships. Through this, it aims to secure long-term market leadership in line with the growth of the global electric vehicle and secondary battery markets.

Kim Ok-tae, CEO of KG EA, emphasized, “We will continue technological innovation and quality improvement with the goal of standardizing global battery manufacturing processes,” adding, “Through next-generation battery technologies such as all-solid-state batteries and dry electrode process equipment, we will create new growth opportunities and solidify our position as a key equipment supplier in the global battery market.”